MAGNETER & VERKTØY AS

1482 NITTEDAL

Finances

Share Ownership

Return on Equity

50,23 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 915 000	1 955 000	2 149 000	2 093 000
Net Income	432 000	86 000	361 000	−177 000
Total Assets	1 920 000	691 000	610 000	441 000
Total Equity	860 000	427 000	362 000	1 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 915 000	1 955 000	2 149 000	2 093 000
Expenditure	3 385 000	1 867 000	1 781 000	2 264 000
Operating Profit	531 000	89 000	368 000	−169 000
Financial Income	5 000	2 000	6 000	3 000
Financial Costs	67 000	6 000	14 000	10 000
Financial Balance	−62 000	−4 000	−8 000	−7 000
Earnings Before Tax	470 000	86 000	361 000	−177 000
Tax	37 000	0	0	0
Net Income	432 000	86 000	361 000	−177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	627 000	0	0	0
Total Current Assets	1 293 000	691 000	610 000	441 000
Total Assets	1 920 000	691 000	610 000	441 000
Total Retained Equity	759 000	327 000	261 000	−100 000
Total Equity	860 000	427 000	362 000	1 000
Total Long-Term Debt	439 000	0	0	29 000
Total Current Debt	621 000	263 000	248 000	411 000
Total Equity and Debt	1 920 000	691 000	610 000	441 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 684 000	1 902 000	2 149 000	2 093 000
Other Income	232 000	53 000	0	0
Revenue	3 915 000	1 955 000	2 149 000	2 093 000
Cost of Goods Sold	1 843 000	1 130 000	1 130 000	1 010 000
Salary Costs	1 011 000	473 000	330 000	899 000
Depreciation	83 000	0	0	69 000
Impairment	0	0	0	0
Expenditure	3 385 000	1 867 000	1 781 000	2 264 000
Operating Profit	531 000	89 000	368 000	−169 000
Financial Income	5 000	2 000	6 000	3 000
Financial Costs	67 000	6 000	14 000	10 000
Financial Balance	−62 000	−4 000	−8 000	−7 000
Dividends	0	0	0	0
Net Income	432 000	86 000	361 000	−177 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	627 000	0	0	0
Total Tangible Assets	627 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	627 000	0	0	0
Stock	87 000	95 000	97 000	110 000
Total Investments	0	0	0	0
Cash, Bank	853 000	287 000	243 000	22 000
Total Current Assets	1 293 000	691 000	610 000	441 000
Total Assets	1 920 000	691 000	610 000	441 000
Total Equity	860 000	427 000	362 000	1 000
Short-Term Group Debt	0	0	24 000	9 000
Total Long-Term Debt	439 000	0	0	29 000
Creditors	69 000	79 000	86 000	184 000
Unpaid Taxes	102 000	114 000	83 000	176 000
Dividends	0	0	0	0
Other Current Debt	426 000	70 000	56 000	42 000
Total Current Debt	621 000	263 000	248 000	411 000
Total Equity and Debt	1 920 000	691 000	610 000	441 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,23 %	20,14 %	99,72 %	−17 700 %
Debt-to-Equity Ratio	0,51	0	0	29
Operating Profit Margin	13,56 %	4,55 %	17,12 %	−8,07 %
Current Ratio	2,08	2,63	2,46	1,07
Quick Ratio	2,42	4,11	4,04	1,47
Equity Ratio	0,45	0,62	0,59	0
Gross Profit Margin	52,92 %	42,2 %	47,42 %	51,74 %